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Currently, China is preparing for a soft landing on the moon in 2012 with a rover vehicle. By around 2017, it hopes to have samples from the moon.
After the successful launch of the first manned spacecraft in 2003, the country marked the first spacewalk in December 2008.
Three month later, the first lunar probe concluded its 16-month mission, mapping and creating 3D images of the lunar surface.
Originally posted by TheBloodRed
China on the other hand has massive issues of citizen unrest so showing off the good things China can do(such as the Olympics) helps boost morale.